Gabelli Multimedia Trust Inc Stock News

RYE, N.Y., Nov. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions, reflective of the strength of the Fund's NAV total return of 33% year to date.  The 2025 annual distribution of $0.88 per share currently equates to a 22% “cash on cash” distribution.

The Gabelli Multimedia Trust is rated Sell due to its high expense ratio, weak risk-adjusted returns, and lack of portfolio concentration. GGT's 2.2% expense ratio far exceeds passive alternatives like XLC and VOX, yet its active management and leverage have not delivered superior performance. GGT's highly diversified portfolio dilutes conviction in top ideas, contrasting with more concentrated...

RYE, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of The Gabelli Multimedia Trust Inc. (NYSE:GGT) (the “Fund”) approved the continuation of its policy of paying fixed monthly cash distributions.  The Board of Directors declared cash distributions as set forth below for each of October, November, and December 2025.

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.